Articles tagged with: (SECP)
SECP registers 96% companies online in September
Islamabad, October 11, 2019 (PPI-OT): Digital solutions deployed by the Securities and Exchange Commission of Pakistan (SECP) made companies registration and post incorporation compliance simple, faster and cost effective. In September 2019, 96 % of companies registered online through SECP’s…
SECP’s risk based approach improve STR reporting of AML/CFT
Islamabad, October 10, 2019 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP)’s risk based approach for effective implementation of AML/CFT regulatory framework ensued significant improvement in filing of Suspicious Transactions Reports (STR) with FMU. To align itself with FATF’s…
SECP revoke licenses of 22 not for profit companies for non-compliance
Islamabad, October 02, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), during the first quarter of current fiscal year, revoked licenses of twenty two (22) not for profit companies. The licenses were revoked for non-compliant of statutory requirements i.e….
SECP reduces regulatory tariffs to make capital market more competitive investment avenue
Islamabad, September 23, 2019 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company of Pakistan Limited (NCCPL) and Central Depository…
Inaugural Forum aims to Improve Capital Markets Development in Carec
Islamabad, August 29, 2019 (PPI-OT): Developing strong capital markets can help countries under the Central Asia Regional Cooperation (CAREC) improve people and businesses’ access to finance, support private sector development, as well as strengthen regional cooperation and integration, delegates at…
1,525 new companies registered in July 2019
Islamabad, August 23, 2019 (PPI-OT): In July, the Securities and Exchange Commission of Pakistan (SECP) registered 1,525 new companies. As compared to the corresponding month of last financial year, it represents a growth of 41 percent raising the number of…